Whitbread (LON:WTB) Cut to “Neutral” at The Goldman Sachs Group

The Goldman Sachs Group cut shares of Whitbread (LON:WTB) to a neutral rating in a research report sent to investors on Wednesday, MarketBeat reports.

A number of other analysts have also recently weighed in on WTB. Shore Capital reissued a buy rating on shares of Whitbread in a research note on Tuesday, June 18th. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 4,200 ($55.48) target price on shares of Whitbread in a report on Tuesday, June 25th. Jefferies Financial Group raised their target price on Whitbread from GBX 39 ($0.52) to GBX 40 ($0.53) and gave the stock a buy rating in a research report on Tuesday, August 20th. Finally, Berenberg Bank lowered their price target on Whitbread from GBX 4,200 ($55.48) to GBX 4,000 ($52.84) and set a buy rating on the stock in a research report on Wednesday, May 29th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of Moderate Buy and an average price target of GBX 2,746.67 ($36.28).

Whitbread Trading Down 0.7 %

Shares of Whitbread stock opened at GBX 3,146 ($41.56) on Wednesday. Whitbread has a 52-week low of GBX 2,723 ($35.97) and a 52-week high of GBX 3,714 ($49.06). The firm has a market capitalization of £5.62 billion, a PE ratio of 1,966.25, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. The company has a debt-to-equity ratio of 144.72, a current ratio of 1.02 and a quick ratio of 1.74. The company’s fifty day moving average price is GBX 2,907.28 and its two-hundred day moving average price is GBX 3,022.43.

About Whitbread

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates hotels with rooms in the United Kingdom; Middle East; and Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. The company operates restaurants under the Brewers Fayre, Beefeater, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands in the United Kingdom.